Put Your Money Where Your Butt Is: A Commitment Contract For Smoking Cessation

Abstract

No AccessPolicy Research Working Papers22 Jun 2013Put Your Money Where Your Butt Is: A Commitment Contract For Smoking CessationAuthors/Editors: Xavier Gine, Dean Karlan, Jonathan ZinmanXavier Gine, Dean Karlan, Jonathan Zinmanhttps://doi.org/10.1596/1813-9450-4985SectionsAboutPDF (0.2 MB) ToolsAdd to favoritesDownload CitationsTrack Citations ShareFacebookTwitterLinked In Abstract:The authors designed and tested a voluntary commitment product to help smokers quit smoking. The product (CARES) offered smokers a savings account in which they deposit funds for six months, after which they take a urine test for nicotine and cotinine. If they pass, their money is returned; otherwise, their money is forfeited to charity. Eleven percent of smokers offered CARES tookup, and smokers randomly offered CARES were 3 percentage points more likely to pass the 6-month test than the control group. More importantly, this effect persisted in surprise tests at 12 months, indicating that CARES produced lasting smoking cessation. Previous bookNext book FiguresreferencesRecommendeddetailsCited byFinancial Behavioralism: A Behavioral Finance Approach to Minimize Losses and Maximize Profits from Heuristics and Biases20 October 2020Discussion20 October 2020Time ≠ Time ≠ Time: A Research Agenda Mental Temporal Accounting and the Opening of Contract Theory for Work-Leisure Trade-Off AttentionSSRN Electronic JournalTime ≠ Time ≠ Time: Mental Temporal AccountingSSRN Electronic JournalNudgitize Me! A Behavioral Finance Approach to Minimize Losses and Maximize Profits from Heuristics and BiasesSSRN Electronic JournalPerceiving outcomes as determined by external forces: The role of event construal in attenuating the outcome biasOrganizational Behavior and Human Decision Processes, Vol.130Time Time TimeSSRN Electronic JournalCash transfers for HIV prevention: considering their potentialJournal of the International AIDS Society, Vol.16, No.123 August 2013Conditional Cash Transfers and HIV/AIDS Prevention: Unconditionally Promising?World Bank Economic Review, Vol.26, No.23 October 2012The Hot–Cold Decision Triangle: A framework for healthier choicesMarketing Letters, Vol.23, No.226 May 2012Influencing positive financial behaviors: the social marketing solutionJournal of Social Marketing, Vol.2, No.1The Future is Now: How Joint Decision Making Curbs Hyperbolic Discounting but Blurs Social Responsibility in the Intergenerational Equity Public Policy DomainSSRN Electronic JournalLearning Self-Control *The Quarterly Journal of Economics, Vol.126, No.21 May 2011Behavioural Economics, Hyperbolic Discounting and Environmental PolicyEnvironmental and Resource Economics, Vol.46, No.222 April 2010Temptation and Commitment in the LaboratorySSRN Electronic Journal View Published: July 2009 Copyright & Permissions Related TopicsHealth Nutrition and Population KeywordsADDICTIONADDICTIVE NATUREADDICTIVE NATURE OF SMOKINGADDICTIVE SUBSTANCESCESSATION PROGRAMCIGARETTE PACKAGESCIGARETTESCONSUMPTION CHOICESHEAVY SMOKERSLUNG CANCERNICOTINENICOTINE REPLACEMENTNICOTINE REPLACEMENT THERAPYQUITTING SMOKINGSMOKERSMOKINGSMOKING CESSATIONSMOKING CESSATION TREATMENTS PDF downloadLoading ...